Strong start to 2014 for job market
The job market has made a strong start to the year, with the number of positions advertised on the country's biggest job search site, Seek, increasing by 13 per cent in January compared with the same month last year.
Nearly 24,000 jobs were advertised on Seek last month, up from about 21,000 in January 2013 and about 19,000 in January 2012. The site has a market share of 56 per cent. It has 15,000 jobs advertised, and in November notched 2.8 million visits from jobseekers.
Seek New Zealand general manager Janet Faulding said the job market was benefiting from the continued improvement in the wider economy.
Statistics New Zealand figures released this week showed the unemployment rate for the December quarter dropped to 6 per cent, with the number of employed people increasing by 24,000 during the quarter.
Job market activity so far was a strong indication of what was to come for the remainder of 2014, Faulding said.
The Auckland market accounts for about half the jobs posted nationwide on Seek last month, with almost 12,000 listings, up 13 per cent on January 2013.
The Auckland employment market was largely driven by the information and communication technology industry, with almost 2000 jobs advertised in this sector last month.
Canterbury and Wellington job ads increased 15 per cent and 13 per cent respectively.
However, the smaller regions saw the greatest surge in job ads, led by Marlborough, up 55 per cent, followed by Southland, up 33 per cent, and Northland, up 30 per cent, Seek said.
Faulding said increases in the smaller regions were driven by seasonal work.
"However, this improved activity in the job market is an encouraging indication that the smaller regions in New Zealand are benefiting from the overall increase in economic confidence," she said. Applications for advertised jobs rose 8 per cent in January compared to the same month last year.
Chief executives and general managers had the itchiest feet, with 65 per cent growth in applications for the month.
This was followed by applications from self-employed candidates, design and architecture, and consulting and strategy.
The increase in applications was indicative of a buoyant market, Faulding said.
"More opportunities and confidence in the economic outlook provide employees the incentive needed to look at other roles," she said.
- Fairfax Media